HY Q2 2023 Earnings — Hyster-Yale Materials Handling, Inc. Revenue & Financial Results | Market Cap Arena

HYHyster-Yale Materials Handling, Inc.

$591M

Q2 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$1.1B+21.8% YoY

Gross Profit

$198M18.1% margin

Operating Income

$59M5.4% margin

Net Income

$38M3.5% margin

EPS (Diluted)

$2.21

QoQ Revenue Growth

+9.1%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$29M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.8B

Stockholders' Equity

$291M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$895M	+21.8%
Gross Profit	$198M	$99M	+99.7%
Operating Income	$59M	-$16M	+474.5%
Net Income	$38M	-$19M	+297.4%

Revenue Segments

Lift truck business

$1.0B88%

Bolzoni

$97M8%

JAPIC HY

$50M4%

Nuvera

$1M0%

Geographic Segments

Americas HY

$789M80%

EMEA HY

$201M20%